Clearing all doubts since last 3 weeks, Nifty has given a clear breakout. It's clearly a bullish from now. Target would be 12246. Stop Loss would 11353.
Reason for caution is that it has still closed near to last high level of 19th August 11460.
Order cancelled
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Warning: Please ignore this idea. I have posted the correct idea.
I had made short term resistance line yesterday, tradingview removed it and I didn't notice that. Hense the mistake.